The production budget of Washington Corporation's only product for the next three months follows:

January 2,500

February 3,000

March 2,700

Each unit of Washington's product requires 2 direct labor hours, and the company pay P15 per direct labor hour. Washington's workforce is flexible, hence no need to account for any overtime or workforce adjustment. Also, the following items are the composition of Washington's manufacturing overhead:

Indirect material, 0.25

pounds per unit Indirect material, P2.00

cost per pound Indirect labor hours 1 Indirect labor rate per hour P16.50 Variable maintenance per unit 0.75 Variable utilities per unit 0.20

Supervisor salaries P 10,000

Maintenance salaries 9,000

Insurance 3,000

Depreciation 1,500

Required: Construct the direct labor and manufacturing overhead budget for the three months indicated.